banner_ad

Journal entery adjustmen

A/c entries 504 views 1 replies

Dear all,

We just started a new firm in january and paid sale tax through another person online banking the sales tax and paid him by cheque now please tell me the complete Accouning entries how will this transaction treated waiting for reply

Thanks in advance

Amit kumar

Replies (1)
1. Sales tax a/c dr. To Mr. X a/c (being sales tax paid by Mr. X on behalf of the firm) 2. Mr. X a/c dr. To bank account (being sales tax amount paid by Mr. X repaid to him)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details